Medical Gases Market Size and Growth 2033

Vishal Gupta24 Jan, 2025Health

The global medical gases market size was valued at USD 15.6 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 26.18 Billion by 2033, exhibiting a CAGR of 5.76% during 2025-2033. North America currently dominates the market, holding a market share of over 37.8% in 2024. The rising prevalence of chronic diseases such as respiratory and cardiovascular diseases (CVDs), various advancements in medical technology, and the increasing trend toward home healthcare and telemedicine are some of the major factors propelling the market.

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